9/11 memorial builder agrees to settlement on massive fraud scheme
- $50 million in fines for Lend Lease, which also built Citi Field source
» The construction giant is not contesting allegations that they over-billed the city of New York for work on a variety of projects, both public and private, over the course of a decade or more. Federal prosecutors have confirmed it to be the largest construction fraud settlement in city history. Lend Lease, formerly Bovis Lend Lease prior to a fire during demolition of the Deutsche Bank building, will not be prosecuted as a result of the settlement.
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